Chinese e-commerce giant Alibaba is cultivating is overseas customer base while preparing for its initial public offering in New York, which could be one of the largest initial public offerings in history.
For the past few months, Alibaba has been going around the world — France, Australia, Singapore and Italy to name a few–signing agreements with governments and logistics providers to attract more overseas merchants to its Chinese online marketplaces.
In the latest, Alibaba said Friday it will team up with Correios, Brazil’s state-owned postal services company, to help the country’s small businesses sell their products in China through Alibaba’s websites using its Alipay electronic payment system.
Read more: Alibaba Teams Up With Brazil Postal Service Firm – Digits – WSJ.
Brazil Post has been working over the weekend to catch up on the mail backlog that has resulted from strike action last week.
The state-owned national postal service is currently in the process of negotiating labour contracts with Brazil’s 35 regional unions, a process that has now reached the mediation stage.
Read more: Brazil Post uses weekend shifts to clear strike backlog | Post & Parcel.
Poland’s Integer.pl Group has kicked off the New Year with a big move into Brazil for its InPost 24-hour package delivery terminals.The company said as of this month, it is installing 100 of its self-service parcel terminals on Brazilian streets, under its EasyPack brand, with plans to ultimately install 500 machines there.
Read more: InPost alliance to bring 24-hour parcel terminals to Brazil | Post & Parcel.